The GBP/CHF pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
GBP/CHF: Poised for Potential Downtrend Price is testing the top of a structure zone where it has been rejected several times in the past. We are likely to see a bearish wave again. This has also been supported by a large increase in the inflation rate. Switzerland reported April CPI +1.4% vs +1.1% expected on the year The first support/Target zone will be...
GBPCHF - Buy Stop - Bullish Flag - Entry if Support is broken
Shorting opportunity based on the theory markets ranges 70% of the time. For this trade, I like to target the full range of the last bullish run.
Market's been an uptrend since late December, we saw a pullback then maket continued to the upside to grab liquidity, now bears are in control.we should see some downside with this pair, risk management guys.
Hello,Friends! We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.136 level. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone. Trade safe, Joe.
Based on the latest available data, here's a bullish technical analysis for the GBP/CHF currency pair on the H4 (4-hour) chart: 1. *Trend Analysis*: - The GBP/CHF has been exhibiting a *bullish trend pattern*, characterized by a series of higher highs and higher lows¹. This indicates a sustained upward momentum. 2. *Support Zones*: - There are strong...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the resistance holds, we will be looking for sell setups on 1H. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
OVERALL GAME PLAN Going to sell this pair due to trend analysis ANALYSIS IN MY FAVOR * Top of the 4h at resistance level ANALYSIS AGAINST ME * Short term trend is —> UPTREND RISK/REWARD 0.10 LOT SIZE / 1 TO 2
GBPCHF is in continuous upward momentum. A bullish continuation flag pattern has formed. A breakout of the high gives a good buy opportunity for good gains.
I see this pair selling from the point it is at. I see a change of character which will also result in a continuation of the bigger bearish trend. I also see that that price is losing momentum, thereby accommodating the bias formed. I have used a tight trailing stop loss of 20 pips. I have a Sell limit @ 1.14800 SL @ 1.15000 Final TP @ 1.13900 tp1 @ 1.14332
I don´t like the pairs with 2 european currencies because sometimes you need to wait too much to see the movements. But here you have what we can expect in this pair. The pair is maximum zones, so normally the price fall first. good luck.
The current price of GBP/CHF is testing the upper limit of a zone where it has been repeatedly rejected in the past, suggesting a potential upcoming bearish movement. This prediction is reinforced by a significant rise in Switzerland's April Consumer Price Index (CPI), which exceeded expectations by reaching +1.4% compared to the anticipated +1.1%. The initial...
this chart show downward continue pattern for GBPCHF on 1H
GBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously. Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a...
This pair has been struggling to form a BULLISH move but now it seems to have already formed the W shape and it's ready to BUY for weeks.
after analysing the chart patterns on different time frames. like the 1,2 and 30 mins i spot the resistant and the support levels. first support. 1.14300 in 2H time frame and possible next place is 1.13950 esp on the 1H,2H,4H, time frames